What to know:

  • Memecoin project Floki (FLOKI) on Monday released a zero-fee debit card in 31 European countries.
  • The debit card allows users to spend bitcoin (BTC), ether (ETH), USD Coin (USDC), tether (USDT), BNB Chain’s BNB and FLOKI.
  • A physical card costs $33, while a virtual card costs just over $10. A 2% top-up fee applies when transferring tokens to the spending account

As a seasoned analyst with years of experience in the crypto sphere, I find the recent move by the memecoin project Floki (FLOKI) to release a zero-fee debit card intriguing. With a background in both traditional finance and digital assets, I appreciate the potential this card holds for simplifying transactions across multiple blockchain networks.

On Monday, the memecoin project Floki (FLOKI) launched a zero-cost debit card in 31 European countries, with intentions to expand this service globally later. This card enables users to spend cryptocurrencies like Bitcoin (BTC), Ether (ETH), USD Coin (USDC), Tether (USDT), Binance Coin’s BNB, and FLOKI at merchants that accept VISA or Mastercard, without any transaction or exchange rate fees. This card is compatible with over eight blockchain networks.

Read More

2024-12-10 15:02